If you are thinking about trading in your vehicle then read on for some tips on
how to get more more for your used car trade-in.
Before you head off
to your local
car
dealership with your
used car trade in the most important thing
that you need to take with you is a realistic trade-in value for your motor. Remember that car dealerships are in business for only one reason and that
is to make a profit from its customers. If you have got no idea what your
used
car trade in is really worth then in all likelihood you will be offered
at least 10% less than your car's true
trade in value.
So How Much Is My Used Car Trade in Worth?
It is important to spend some time looking through used car pricing guides
and then to adjust the value of your
used car trade-in for mileage. However, at the end of the day your
used
car trade in is only worth as much as a car dealership is prepared to
pay for it. It is therefore up to you to try to get as much money for your
used
car trade in as possible.
Get More Than One Valuation For Your Used Car Trade in
Don't take the word of just one used car dealership. You might be surprised to see
how the value of your
used car trade in can vary between different
dealerships. The time at which you
trade-in your car may also have a significant impact
on the
trade in value that is offered. Whatever the
trade in value
offered by a car dealer you should aim to get at least 10% more.
Used Car Trade In Values - What Factors Affect This?
Generally for a used car that is less than eight years old the most important
factors that affect
trade-in value are: i) service history, ii) mileage
and, iii) condition of the bodywork. For cars that are older than this then a
good overall condition will help to obtain a better used
car trade-in value.
Prestigious used cars might have widely varying
trade-in values depending
on the options that the car has been fitted with. For example a Jaguar XJ with
a manual gearbox might not be so easy to trade-in for a fair price as used
Jaguar buyers generally demand an auto box. Also, the colour of the car can
have a significant impact on used car trade-in value. White prestigious cars may often
Used Car Trade-in Value article continued...